Science and Technology

Price of NVIDIA H200 compute by Dec 31, 2026?

05/26/26

$54.5K Vol.Closes Jan 1, 2027

Above $5.49$4.2K Vol.85%

Above $5.79$4K Vol.80%

Above $6.39$8.4K Vol.51%

Above $6.09$4.4K Vol.50%

Above $5.19$4.5K Vol.46%

Above $6.69$4.5K Vol.29%

View on Kalshi

At a glance

What

Cloud providers are renting NVIDIA H200 GPU compute at hourly rates ranging from approximately $1.32 to $10.60 depending on the vendor and instance type.

thundercompute.com gpufinder.dev

Who

Major hyperscalers (AWS, Azure, Google Cloud) and specialist cloud providers (Jarvislabs, Hyperbolic, Vast.ai, Civo) are supplying H200 inventory.

jarvislabs.ai thundercompute.com

Context

H200 rental prices started around $4.40/GPU-hr in early 2026 and have fluctuated to $5–6/GPU-hr as AI demand surges, though specialist clouds now offer lower rates.

thundercompute.com intuitionlabs.ai

Stakes

Lower H200 rates reduce AI training costs for startups and researchers, while higher rates reflect persistent supply constraints and high demand for Hopper-generation compute.

octagonai.co intuitionlabs.ai

Note: The resolution depends on the reported "value of H200 compute per hour" by a specific data source (implied to be Ornn or similar), which may differ from advertised on-demand rates if it reflects a median, weighted average, or spot-indexed value.

Jun 28

The lowest verified on-demand rate tracked for the NVIDIA H200 is $2.60/hr at GMI Cloud, reflecting a 1.7× price spread across providers.

smartcloudsuites.com

Jul 1

The market median for H200 GPU-hour rental across 42 configurations is $3.82, with 7 providers currently available starting at $2.49.

gpus.io

Jul 20

Hyperbolic offers the lowest public on-demand NVIDIA H200 price at $2.40 per GPU-hour as of July 2026.

thundercompute.com

Now

AI-generated briefing. AI can make mistakes. This is not financial advice.

Bull case

Persistent high demand for AI training and inference has driven H200 rates to fluctuate between $5–6/GPU-hr as demand surges, supporting prices above $5.49.
intuitionlabs.ai
Major hyperscalers like AWS and Azure charge around $10.00–$10.60 per GPU hour for 8-GPU H200 bundles, indicating strong institutional pricing above the threshold.
thundercompute.com cyfuture.cloud
Prediction markets in late May 2026 indicated H200 hourly rental prices consistently exceeded $4.00 due to supply constraints, suggesting upward momentum toward year-end.
octagonai.co

AI-generated briefing. AI can make mistakes. This is not financial advice.

Bear case

Specialist clouds have narrowed the pricing gap, with Hyperbolic, RunPod, and Vast.ai offering H200 in the $2–5 range, including a verified low of $1.32/hr on Vast.
thundercompute.com gpufinder.dev
The current market median for H200 rental is $3.82/GPU-hour, and the Silicon Data Index reports a rental price of $3.10 per GPU-hour, both below $5.49.
gpus.io silicondata.com

Science and Technology

Price of NVIDIA H200 compute by Dec 31, 2026?

05/26/26

$54.5K Vol.Closes Jan 1, 2027

Above $5.49$4.2K Vol.85%

Above $5.79$4K Vol.80%

Above $6.39$8.4K Vol.51%

Above $6.09$4.4K Vol.50%

Above $5.19$4.5K Vol.46%

Above $6.69$4.5K Vol.29%

View on Kalshi

At a glance

What

Cloud providers are renting NVIDIA H200 GPU compute at hourly rates ranging from approximately $1.32 to $10.60 depending on the vendor and instance type.

thundercompute.com gpufinder.dev

Who

Major hyperscalers (AWS, Azure, Google Cloud) and specialist cloud providers (Jarvislabs, Hyperbolic, Vast.ai, Civo) are supplying H200 inventory.

jarvislabs.ai thundercompute.com

Context

H200 rental prices started around $4.40/GPU-hr in early 2026 and have fluctuated to $5–6/GPU-hr as AI demand surges, though specialist clouds now offer lower rates.

thundercompute.com intuitionlabs.ai

Stakes

Lower H200 rates reduce AI training costs for startups and researchers, while higher rates reflect persistent supply constraints and high demand for Hopper-generation compute.

octagonai.co intuitionlabs.ai

Jun 28

The lowest verified on-demand rate tracked for the NVIDIA H200 is $2.60/hr at GMI Cloud, reflecting a 1.7× price spread across providers.

smartcloudsuites.com

Jul 1

The market median for H200 GPU-hour rental across 42 configurations is $3.82, with 7 providers currently available starting at $2.49.

gpus.io

Jul 20

Hyperbolic offers the lowest public on-demand NVIDIA H200 price at $2.40 per GPU-hour as of July 2026.

thundercompute.com

Now

AI-generated briefing. AI can make mistakes. This is not financial advice.

Bull case

Persistent high demand for AI training and inference has driven H200 rates to fluctuate between $5–6/GPU-hr as demand surges, supporting prices above $5.49.
intuitionlabs.ai
Major hyperscalers like AWS and Azure charge around $10.00–$10.60 per GPU hour for 8-GPU H200 bundles, indicating strong institutional pricing above the threshold.
thundercompute.com cyfuture.cloud
Prediction markets in late May 2026 indicated H200 hourly rental prices consistently exceeded $4.00 due to supply constraints, suggesting upward momentum toward year-end.
octagonai.co

AI-generated briefing. AI can make mistakes. This is not financial advice.

Bear case

Specialist clouds have narrowed the pricing gap, with Hyperbolic, RunPod, and Vast.ai offering H200 in the $2–5 range, including a verified low of $1.32/hr on Vast.
thundercompute.com gpufinder.dev
The current market median for H200 rental is $3.82/GPU-hour, and the Silicon Data Index reports a rental price of $3.10 per GPU-hour, both below $5.49.
gpus.io silicondata.com